Lidl seeks to expand store size as it considers retail parks

Lidl has included retail parks to a list of its top requirements
// Lidl looks for larger stores as it announces its latest property requirements
// The grocer’s minimum store size is 18,000sq ft to fit more SKUs

Lidl is seeking larger stores as chief executive Christian Härtnagel announces the latest flexing of its property requirements.

The grocer’s minimum desired unit size outside of London has increased from 14,000sq ft to 18,000sq ft.

Lidl has included retail parks to a list of its top requirements, which also include town centre and edge of centre sites.

READ MORE: Lidl to invest £18m in staff wages

Härtnagel announced his departure last week as he sought to take the helm of the grocer’s German business from March next year.

Ryan McDonnell, currently Lidl GB deputy chief executive, is expected to take over his role.

Having grown the estate from 640 to 880 stores in his five years, Härtnagel leaves McDonnell with a new target, of 1100 stores by the end of 2025.

Since Härtnagel took over in 2016, the number of permanent lines sold by Lidl has grown from about 2000 to 2300.

Click here to sign up to Retail Gazette’s free daily email newsletter


Please enter your comment!
Please enter your name here